Dammika on Hayleys board

Aggressive investor Dhammika Perera, also Chairman of the Board of Investment, was appointed a director of Hayleys at a board meeting of the company held on Monday evening, sources close to Perera told TimesOnline.

Perera through his company, Vallibel Holdings bought into Hayleys last month and gradually increased the stake in Hayleys up to more than 16 percent. He is now the single largest shareholder of the company.